Rebirth of the Great Entertainment Empire

Chapter 557: An Extremely Pragmatic Person

When Bush Sr. brought Xu Cun into the Oval Office, there were three people in the Oval Office.

Although Xu Cun has never met any of these three people, Xu Cun knows all of them. These three people are: U.S. President Reagan, U.S. Treasury Secretary Baker, and Federal Reserve Chairman Alan Greenspan.

Among these three people, President Reagan of the United States should be the most honorable, but the person Xu Cun values ​​most is not President Reagan but Federal Reserve Chairman Alan Greenspan.

Xu Cun valued Greenspan more than Reagan, not only because Reagan's term was about to expire, but also because of Greenspan—Greenspan was the authority and decisive figure in the national economic policy of the United States. At the pinnacle of his life, he was known as the "*********" and "Dollar President" of the world. No matter where he went, he would be received like a head of state on the red carpet. His briefcase hides the secrets of the "economic engine" of the United States and the world, and many people compare it with the nuclear button of the US president. Queen Elizabeth awarded him the title of British knighthood, and the proud French also awarded him the highest honor of the French Legion of Honor.

Moreover, Greenspan's tenure spanned the four US presidents of Ronald Reagan, Bush Sr., Bill Clinton, and Bush Jr. for nearly 20 years!

In addition, despite the fact that the Federal Reserve, the central bank of the United States, is also under the control of the U.S. government in name, the chairman of the Federal Reserve is actually nominated by the President of the United States, appointed by the U.S. Congress, and is only responsible to the U.S. Congress.

In other words, the President of the United States simply cannot control the Chairman of the Federal Reserve.

In the history of the United States, there have been many Federal Reserve chairmen who were not interested in the White House. In fact, none of the previous Fed chairmen would surrender to the president. Otherwise, he would be accused by Congress and Wall Street financial tycoons. Capitulating to the White House means that the Federal Reserve loses the independence granted to it by the Constitution.

Federal Reserve Chairman Volcker even refused to meet Reagan at the White House when Reagan first took office.

And Greenspan is the most powerful of the previous Fed chairmen. During his tenure, Greenspan was the most powerful person in the United States after the previous presidents. In fact, his authority surpassed that of the US president. The president of the United States stomped his feet, and it was only the White House that trembled; however, every time Greenspan sneezed during his tenure, it rained heavily all over the world.

Greenspan is such a cow!

Xu Cun attached great importance to Greenspan, and Greenspan also attached great importance to Xu Cun—as soon as Xu Cun entered the presidential office, Greenspan took the initiative to shake hands with Xu Cun, and said with a smile: "When I heard people from the CIA talking about you, I I just want to see you, can you tell me how you determined that the stock market crash will happen?"

Xu Cun laughed and said, "I'm just talking nonsense, how can I deduce something like a stock market crash?"

Greenspan looked at Xu Cun meaningfully, and said firmly: "Those who say in the newspapers that the stock market crash will happen every day are talking nonsense, you are really capable."

Xu Cun evaded and said: "You are too famous."

Seeing that Xu Cun refused to admit that he deduced the stock market crash, how could such a smart person as Greenspan fail to understand the reason?

Greenspan said: "Okay, let's find time to talk about this topic later. Um... then can you tell us how to stop the spread of this stock market crash?"

As soon as Greenspan's words fell, Reagan, Bush Sr., and Baker all looked at Xu Cun, who had successfully calculated that the stock market crash would happen and could take advantage of the stock market crash to rob people. They wanted to hear what Xu Cun could say.

Under the current situation, Xu Cun had to show some of his abilities. Otherwise, if you are underestimated by these big figures, it may have some impact on Xu Cun's plan.

Therefore, after summarizing the language a little bit, Xu Cun said: "It is not difficult to stop the spread of this stock market crash, as long as the banks secretly double the loans to securities companies and supplement it with the responsible speeches of you before... However, in this way , may bring huge hidden dangers to the U.S. economic system..."

Greenspan asked calmly, "What hidden danger?"

Xu Cundao: "If the U.S. government and the Federal Reserve respond to the stock market crash in this way, it will undoubtedly usher in a new era. When the financial market encounters a serious market downturn, the government and the central bank are fully capable of stabilizing investor confidence and even avoiding a financial crisis. The economic recession and banking crisis that will accompany it from time to time. However, this kind of intervention in the financial market will definitely pile up a lot of bubbles in the subsequent financial market, making the financial market embark on the path of irrational prosperity. If things go on like this, the US government and The Federal Reserve will be firmly tied to the financial market, as long as the U.S. government and the Federal Reserve mishandle it once, it may trigger a huge economic crisis.”

Greenspan glanced at Reagan and Baker before saying, "What's your opinion?"

Xu Cun said leisurely: "Leave it alone, and the market will eventually make the most correct choice." ——Xu Cun This is not just nonsense, the economic point of view he said is an economic point of view that economists have always insisted on.

but--

Even though he said that, Xu Cun knew that Reagan and Greenspan would definitely not adopt his own suggestions—generally, American presidents would only pursue the effects of their current term, not to mention that Reagan was still the last of his term. One shift, how could Reagan allow the stock market crash to spread on his last shift? In comparison, the Federal Reserve is still more focused on the consideration of the pros and cons of long-term development, but no matter how responsible Greenspan is, he cannot afford to indulge the stock market disaster. Therefore, even if Reagan and Greenspan really approved Xu Cun's suggestion, they would never adopt Xu Cun's suggestion.

really--

After hearing Xu Cun's point of view, Reagan immediately winked at Baker.

Seeing the wink from Reagan, Baker immediately said: "Let the stock market crash develop, what if it leads to the Great Depression, and then let the American people have such a terrible nightmare, then we will all become sinners of the United States, and we will all be the sinners of the United States." To hell!"

Xu Cunlai is not talking to others. Besides, Xu Cun is not an economist, let alone an economist who insists on the truth.

So, upon hearing Beck's rebuttal, Xu Cun smiled at Beck, and then stopped talking.

Seeing that Xu Cun was not arguing, the few people present immediately judged that Xu Cun is an extremely pragmatic person.

So, Reagan, who knew how to get along with pragmatic people, said directly: "Mr. Xu, I invited you here just to ask, are you willing to help the United States get through the current hurdle?"

Hearing Reagan's question, Xu Cun straightened his expression immediately, and then said: "If my idea is approved, I can spend all the money I earned from the United States this time in the United States, and I can even invest a large amount of money in the United States." ..."

...

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